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اردو

Jul 21, 2026 اردو

Print Edition BR Markets Dollar to PKR

Intl Oil Prices Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices

Business & Finance Print edition: 2025-11-19

CCP approves acquisition of TSYS

Published November 19, 2025 Updated November 19, 2025 08:39am

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ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of Total System Services LLC (TSYS) by Fidelity National Information Services Inc. (FIS) from Global Payments Inc.

The CCP noted that FIS currently provides core banking software solutions in Pakistan, supporting the digital infrastructure of financial institutions. TSYS, meanwhile, offers card-processing systems and is engaged with only two banks in the local market.

Since both entities operate in separate segments of the financial technology services sector and do not directly compete, the Commission concluded that the proposed acquisition does not raise any competition concerns.

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Tokyo Nikkei / Jul 21	65,077.32
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FTSE 100 / Jul 21	10,506.59
Germany DAX 30 / Jul 21	24,879.67
France CAC40 / Jul 21	8,348.97

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Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
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